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20121027
20121104
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the drought, there was a nearly equal jump in defense spending that some say anticipates cutbacks next year but for now helps q3 gdp. "if we go into sequestering, you're going to see defense budget items slashed, and so they're doing some pre-emptive buying to get it now." but on the negative side, business investment has stalled. "i think it's having a huge impact and it's holding up hiring, so the uncertainty over who wins, the tax policy, all that, is going to delay them." mesirow financial's chief economist diane swonk says "the decline in business investment represents a particular blow as it not only reflects weakness abroad, but also the uncertainty about our own policies. the fiscal cliff needs to be dealt with by whovever wins in a credible and bipartisan way, and asap." with just about one week to go before the election, the candidates will be in wisconsin this week. today, republican mitt romney's campaign has an event in milwaukee. tomorrow, president obama will be in green bay. the volitility index, better known as the vix, may be signaling better days ahead. according to repor
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